The large offering of trading instruments and trading tools they plan to build is not prevalent on many cryptocurrency exchanges, the industry would welcome the functionality they've suggested.

Team

The team appears to have the necessary qualifications to execute on their roadmap.

Execution

The whitepaper and demonstration videos provide an adequate view of the product they are planning to build.

Concept

IDAP is committed to serving their user base through an integrated ecosystem of trading products and tools to diversify and augment the crypto economy. One of the biggest steps towards this commitment is the introduction of derivatives product to the crypto asset market and to make it accessible to everyone. Derivatives are important financial instruments that enable risk containment and provide the right amount of volatility in a market by engaging more players, thus allowing for a higher volume of trade. By pioneering the entry of the crypto derivatives market, IDAP aims to generate an exponential growth in the crypto economy.

Analysis Flags

1. KYC details

No information in the whitepaper regarding their KYC requirements for sign up and withdrawal might limit the amount of users the exchange will accumulate.

2. Bonus amount

A 25%+ bonus for early investors will not help with volatility and potential dumping after exchange listing. If you don't get in on the pre-sale you will assume more risk.

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Synopsis

IDAP intends to provide several exchange mechanisms that will assist experienced traders with making profit in a bull or bear market. Whether its futures, options, perpetual swaps, or indices derivatives, many traders seek such functionality from a crypto exchange to ensure they have a high degree of precision and control over their investment decisions. The "Hodl" strategy will no longer be the best way to profit in the crypto community should their product make it to a user friendly and functional state, volatile markets could stir profit rather than emotions when using the features within their platform.

Tokens and coins that wish to list on their platform will have to pay fees using the IDAP token. This utility will stimulate the token price along with their plan to burn tokens, this helps ensure the token value grows in parallel with the exchange. Zero trading fees for ICO contributors makes this venture more appealing, but the question remains, will IDAP have the necessary liquidity and volume on it's exchange to make certain your trade orders get filled? Without a solid referral system, the user base will grow at a slower rate when compared to other leading exchanges. Investing in IDAP could have uncertain results without knowing their marketing plan and budget. There is a dedicated 22% of funds that will be used towards marketing, investors can only hope that this gets maximized to ensure users bring volume to a new exchange where it is required.

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